Media OutReach
Profiting from the crypto boom: Octa broker’s guide to leveraged trading
The expanding cryptocurrency landscape is largely driven by increased adoption, incremental changes in regulation, and ever-growing institutional interest. Given that, the sudden peak in Bitcoin’s price in 2024 was caused by the results of the U.S. presidential elections rather than long-term and well-established trends, experts claim.
Whatever their reason, intense price fluctuations invariably cause increased market activity. Traders use all means at their disposal to use this window of opportunity—and here are two of the most popular ones.
One goal, many paths
Cryptocurrencies are in high demand as a tradable instrument. Of the many crypto trading options on offer, two seem the least challenging and, therefore, most attractive for less experienced traders: trading cryptocurrencies via contracts for difference (CFD) and doing it using a crypto exchange.
Crypto CFDs are typically traded through financial brokers, enabling traders to access larger positions with limited capital. This approach increases trading potential but also amplifies the associated risks. In contrast, trading on crypto exchanges involves the actual ownership of digital assets, which comes with additional requirements for asset management and security.
Crypto exchanges
Crypto exchange users buy and sell digital instruments directly, storing the obtained assets in their e-wallets. When trading via crypto exchanges, gains and losses are based directly on tradable assets’ price fluctuations when trading via crypto exchanges. However, this method has its caveats since it typically involves dealing with various fees depending on the platform’s rules. On top of that, traders expose themselves to additional risks associated with digital asset storage.
While owning cryptocurrencies provides greater flexibility in managing digital assets, it also adds complexity to the process. Additionally, it significantly restricts opportunities to profit from falling markets, potentially impacting long-term strategies and overall returns.
Trading crypto using CFDs
Contracts for difference (CFDs) are financial instruments that allow traders to profit from an asset’s price movements without owning it. Instead, traders enter into an agreement with a broker to exchange the difference between the contract’s opening and closing prices.
With CFDs, traders can avoid any extra efforts related to maintaining personal e-wallets, ensuring the safety of personal data, and managing their transactions. Instead, brokers facilitate trading by minimising risks and offering more accessible pricing.
It is worth noting that digital platforms used for CFD trading are usually straightforward and user-friendly, which makes it easier for retail traders to track and respond to market movements.
Leverage: CFD trading augmented
Brokers with CFD assets on offer usually provide a number of leverage options, allowing to control a more significant position with a smaller sum. Leverage has its pros and cons. It can boost the trading process rather than guarantee gains. While it magnifies the profits, it proportionately increases the losses, so traders should be careful with it and use it with risk management tools.
Trading crypto via CFDs allows to benefit from market ups and downs, fully tapping into the potential of the hottest asset type to date. With time and continuous learning, trading crypto can become a consistent source of supplementary income to cover everyday expenses and progress towards long-term financial goals.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Media OutReach
CKS Spreads Christmas Cheer at Hope Centre Singapore with CSR Activity
A Day of Joy and Bonding
Hope Centre Singapore is a non-profit voluntary welfare organisation established in 1997. Held at the Centre’s location at 806 King George’s Avenue, the Corporate Social Responsibility (CSR) event saw 30 youths and 30 seniors take part in various engaging activities, supported by CKS staff and the Centre’s volunteers. The participants were divided into groups to enjoy customised activities for youths and seniors. Highlights included lively group games, Christmas craft-making sessions, and a spirited round of BINGO. To foster a sense of community and fun, competitions were held to showcase the best craft creations, with prizes awarded to the winners.
Adding a sweet touch to the day, CKS sponsored cupcakes for all attendees, further spreading festive cheer. Seniors also enjoyed a relaxed get-together, sharing conversations and laughter with the volunteers.
Supporting a Worthy Cause
As part of the community engagement programme, CKS pledged $3,000 to sponsor Christmas gifts for 30 children and to support Hope Centre Singapore’s ongoing programmes. The advance Christmas gifts were a memorable highlight for the youths, who received presents of their choice.
“This event was deeply fulfilling for all of us at CKS. It strengthened our team bonds and reminded us of the importance of enhancing the well-being of the community,” said Ednas Wong, Associate Director of the company.
Impact and Reflections
The event was a success, not only in spreading holiday joy but also in reinforcing CKS’s dedication to making a difference in the community. The interactions with seniors highlighted the importance of giving time and attention to those in need, while the youth activities inspired a spirit of creativity and camaraderie.
“By engaging with individuals from all walks of life, we aim to promote inclusivity and kindness, building strong connections within the community. We look forward to organising more meaningful initiatives in the future,” said Ednas Wong, Associate Director of the company.
What’s Next
CKS aims to continue its efforts in giving back to society with future CSR outreach programmes. Plans include involving staff members’ families in upcoming initiatives to further extend the reach of meaningful activities.
How to Support Hope Centre Singapore
For those who missed the event but wish to contribute, Hope Centre Singapore welcomes volunteers and donations to support its programmes. Donations received between 9 November 2024 and 31 January 2025 will directly fund the Bread and Bursary With Love programme for the next 2-3 years.
For more details about supporting the non-profit organisation, visit Hope Centre Singapore’s website.
Hashtag: #Volunteersanddonations #CSR #Christmascelebration #Non-profitvoluntarywelfareorganisation #Community #Well-being
The issuer is solely responsible for the content of this announcement.
About CKS Property Consultants
Formerly known as Cheong Koon Seng Auctioneers & Valuers, CKS Property Consultants specialises in property valuation and estate agency services in Singapore. The valuation team at CKS Property Consultants consists of licensed valuers accredited by the Singapore Institute of Surveyors and Valuers (SISV). Collectively, the team brings over 100 years of combined experience in property valuation.
Media OutReach
Lexus Drives into Its Fifth Year as The Official Automotive Partner of The HSBC Women’s World Championship 2025
The tournament will once again be held at Tanjong Course at Sentosa Golf Club, which is recognised as one of the world’s most sustainable golf clubs as it was crowned “Asia’s Best Eco-Friendly Golf Facility” at the 2024 World Golf Awards. With a goal of achieving net-zero emission by 2040, the club has fully transitioned to a fleet of environmentally friendly lithium-ion battery-powered golf carts. This commitment aligns with Lexus’ goal of achieving carbon neutrality by 2030 as Lexus shifts towards electrification at scale by providing a range of electrified vehicles suited for the various needs of luxury customers while minimising waste through its recycling efforts.
The championship welcomes back 2024 champion Hannah Green, alongside other world-class female golfers and golf enthusiasts worldwide. Green is set to defend her title this year after edging out France’s Celine Boutier by one stroke to become the second Australian ever to capture this prestigious victory. Green closed with a final-round 67, making three birdies in the last three holes to clinch her fourth LPGA title.
In the spirit of the game and in keeping with Lexus’ commitment to the Takumi craftsmanship, Lexus will bring back the Hole-In-One award for the HWWC’s tournament players to celebrate their pursuit of excellence, which is the same dedication to detail that defines Lexus. Players will stand a chance to win the all-electric Lexus RZ450e Luxury SUV that features cutting-edge DIRECT4 drive-force technology, a newly developed eAxle, and a water-cooled lithium-ion battery, making it a perfect fit with the tournament’s commitment to sustainability.
“We’re proud to be the official automotive partner of the HWWC tournament for the fifth year,” said Preston Tan, Vice President of Lexus Asia. “Golf is a sport that embodies discipline, precision, and the pursuit of excellence, as players continuously strive to refine and elevate their skills. These principles resonate deeply with Lexus’ commitment to constantly improve and our high regard for craftsmanship to deliver amazing experiences. With exciting event highlights every season, we hope to see a rise of younger audiences.”
At the HWWC tournament, attendees can enjoy a range of fun and engaging activities at the Lexus booth over at the tournament fan village. Participants can look forward to winning exciting prizes at the booth.
Lexus, a dedicated supporter of the golfing sport, will continue to build upon the legacy of the HWWC by expanding access to golfing events for its customers across Asia via the Lexus Cup regional competition.
To stay connected for more information and follow the tournament news, please visit http://lexusasia.com/golf/hsbc-womens-world-championship. For more information on the HSBC Women’s World Championship 2025 and how to buy tickets and participate in the event, please visit the official tournament website at https://www.hsbcgolf.com/womens/tickets.
Hashtag: #Lexus
The issuer is solely responsible for the content of this announcement.
ABOUT LEXUS
Lexus launched in 1989 with a flagship sedan and a guest experience that helped define the premium automotive industry. In 1998, Lexus introduced the luxury crossover category with the launch of the Lexus RX. The luxury hybrid sales leader, Lexus delivered the world’s first luxury hybrid and has since sold over 2.66 million hybrid vehicles including HEVs, PHEVs, and BEVs. (as of the end of August 2023)
A global luxury automotive brand with an unwavering commitment to bold, uncompromising design, exceptional craftsmanship, and exhilarating performance, Lexus has developed its lineup to meet the needs of the next generation of global luxury guests and is currently available in over 90 countries/regions worldwide.
Lexus associates/team members across the world are dedicated to crafting amazing experiences that are uniquely Lexus, and that excite and change the world.
Media OutReach
Osome Reports Over 25% Revenue Growth, Driven by Product and Operational Progress, Sets 2025 Roadmap for Sustainable Growth
- Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.
- CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels, driving growth in both demand generation and lead generation.
- Osome strengthens its leadership team with the appointment of William Chong, as CFO, to drive financial strategy and performance.
- Looking ahead to 2025, Osome is expanding its team with key roles in engineering, sales, product, partnerships, and R&D across Asia.
- The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025.
- By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners such as Aspire.
- Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies.
SINGAPORE – Media OutReach Newswire – 19 December 2024 – Osome, the all-in-one fintech platform for business and financial management, today announced strong 25% revenue growth y-o-y and significant progress in operational efficiency, customer service, and bottom-line performance. The company also unveiled ambitious 2025 growth plans, focusing on product innovation, market expansion, and a clear path to profitability.
2024 operational efficiencies drive 2025 growth, deeper market penetration and customer focus
Osome has achieved over 25% y-o-y revenue growth and a 60% improvement in annualized EBITDA, reflecting efficiency gains and strong business momentum. The company has also made further progress toward profitability, reducing customer acquisition costs (CAC) by 35% through optimized spending and effective use of attribution channels, driving growth in both demand and lead generation.
“Osome is poised for significant growth in 2025. We’ve made meaningful strides in simplifying company incorporation and accounting, focusing on product innovation, operational efficiency, and improving the customer experience. While we’ve faced challenges, we are committed to evolving and improving, and delivering value to our customers. The numbers show we’re on the right path. In 2025, we will invest further in R&D, strengthen our presence in Singapore and Hong Kong, and drive long-term value through marketing and strategic partnerships,” said Victor Lysenko, CEO and Founder of Osome.
Notably, Osome’s Net Promoter Score (NPS) nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.
In 2025, Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies. The company also plans to further invest in Chinese-language features and dedicated customer support, ensuring seamless access for Chinese-speaking entrepreneurs and SMEs and supporting their business expansion overseas. This initiative underscores Osome’s commitment to inclusivity and providing localized solutions that meet the diverse needs of its global customer base.
To support this vision, Osome has strengthened its leadership team with the appointment of seasoned industry veteran William Chong as CFO, effective November 2024. William will oversee financial strategy, drive performance, and identify growth opportunities. Prior to Osome, he served as Financial Director at Glints.
Product updates and 2025 roadmap: simplifying business and finance management
In 2024, Osome introduced two key features to simplify business setup and to strengthen the customer experience.
- Streamlined incorporation: Reduced setup time to as little as one day with a transparent, step-by-step process for signing, KYC, and status checking on the Osome platform, with optional expert support.
- Enhanced mobile app: Improved navigation, intuitive features, and a clearer document upload process. Customers can track bookkeeping, filing events, and upcoming deadlines, with in-app chat support for added accessibility.
Looking ahead to 2025, Osome will continue investing in research and development to further enhance its products and user experience. By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners like Aspire, the all-in-one finance platform for modern business. This will provide seamless access to local and global multicurrency accounts, saving time and reducing complexity for entrepreneurs, especially those incorporating businesses remotely.
Osome remain focused on enabling customers to complete their business and finance workflows, with intuitive tools and seamless automation, and access to dedicated experts. These experts will continue to provide end-to-end support for compliance, onboarding, and post-incorporation services, including tax advice, accounting, and bookkeeping.
Double down on brand marketing and partnerships in 2025
In 2025, Osome will strengthen its brand marketing and strategic partnerships to expand reach and impact. The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025. Osome will also partner with influencers and affiliate networks to drive brand awareness and customer acquisition. These partnerships will simplify financial services access, particularly for customers seeking efficient bank account setup and scalable financial solutions.
2025: Sustainable growth and team expansion across Asia
From 2022 to 2023, Singapore has seen steady growth in company incorporations, with around 40,000 to 50,000 new company registrations annually, driven by the expansion of the tech, fintech, and digital economy sectors, supported by increasing foreign company registrations and the rise of digital and innovative industries.
Looking to 2025, Osome will expand its team across engineering, sales, product, partnerships, and R&D across Asia to support its next phase of sustainable growth. By driving operational efficiencies, launching innovative product features, enhancing customer experience, and forming strategic partnerships, Osome aims to accelerate sustainable growth across key markets. This approach will deliver seamless, scalable solutions that empower entrepreneurs and SMEs to achieve long-term success.
To date, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value. In May 2024, Osome announced it had raised $17M in Series B extension, reinforcing its commitment to driving sustainable growth and innovation.
Hashtag: #osome #business #technology #fintech #SME #startup
-
Feature/OPED5 years ago
Davos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years ago
Estranged Lover Releases Videos of Empress Njamah Bathing
-
Banking6 years ago
Sort Codes of GTBank Branches in Nigeria
-
Economy2 years ago
Subsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years ago
First Bank Announces Planned Downtime
-
Sports2 years ago
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN